Amazon Shoots for the Stars Again To Take on Elon Musk's Starlink
Amazon Shoots for the Stars Again To Take on Elon Musk's Starlink originally appeared on L.A. Mag.
Amazon's second batch of 27 satellites launched from the Cape Canaveral Space Force Station in Florida just before 7 a.m. Monday morning. The satellites are part of a constellation that Amazon is building, which will consist of over 3,200 high-speed internet satellites.'Today's launch is the second of 46 recurring missions for Project Kuiper,' ULA said in a post on their website. 'Project Kuiper aims to provide fast and reliable internet to users around the world by launching over 3,200 satellites into low Earth orbit.'This mission is ambitious,' said MiMi Aung, a director of the project, in a prerecorded presentation in the launch livestream. 'It's going to impact communities that cannot be reached with fiber-traditional communications. The solution has to be from space.'
Amazon's first mission was on April 28, when they sent up the first 27 satellites to start off the constellation. The $10 billion project was unveiled in 2019 and faced delays for its first launch, which was set to be in 2024. The company has a set deadline by the U.S. Federal Communications Commission to deploy at least half of its satellites by July 2026. Amazon has booked a total of 80 flights with different companies, including its rival, SpaceX, which has over 8,000 satellites. SpaceX's latest addition was this morning at 1:58 a.m. EDT from the same station as Amazon.'We have set out to design the most advanced satellite network ever built, and we have created the whole thing, in-house, at Amazon,' said Rajeev Badyal, the vice president of technology at Project Kuiper.There has not been a set date announced for their next planned launch.
This story was originally reported by L.A. Mag on Jun 23, 2025, where it first appeared.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
12 minutes ago
- Yahoo
Supermicro Announces Proposed Offering of $2.0 Billion of Convertible Senior Notes due 2030
SAN JOSE, Calif., June 23, 2025--(BUSINESS WIRE)--Super Micro Computer, Inc. (NASDAQ: SMCI) ("Supermicro" or the "Company"), a Total IT Solution Manufacturer for AI, Cloud, Storage, and 5G/Edge, today announced that it intends to offer, subject to market conditions and other factors, $2.0 billion aggregate principal amount of convertible senior notes due 2030 (the "Convertible Notes"). The Convertible Notes are to be offered and sold to persons reasonably believed to be "qualified institutional buyers" pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The Company also expects to grant an option to the initial purchasers to purchase up to an additional $300.0 million aggregate principal amount of the Convertible Notes within a 13-day period from, and including, the date the Convertible Notes are first issued. The Convertible Notes will be senior, unsecured obligations of the Company and will accrue interest payable semi-annually in arrears. The Convertible Notes will mature on June 15, 2030, unless earlier redeemed, repurchased or converted in accordance with their terms prior to such date. Prior to the close of business on the business day immediately preceding December 17, 2029, the Convertible Notes will be convertible only upon the satisfaction of certain conditions and during certain periods, and on and after December 17, 2029, at any time prior to the close of business on the second scheduled trading day immediately preceding the maturity date, the Convertible Notes will be convertible regardless of these conditions. The Company will settle conversions by paying or delivering, as applicable, cash, shares of the Company's common stock or a combination of cash and shares of the Company's common stock at the Company's election. The initial conversion rate, interest rate and other terms of the Convertible Notes will be determined at the time of pricing in negotiations with the initial purchasers of the Convertible Notes. In connection with the pricing of the Convertible Notes, the Company expects to enter into privately negotiated capped call transactions with one or more financial institutions which may include one or more of the initial purchasers or their affiliates (the "option counterparties"). If the initial purchasers exercise their option to purchase additional Convertible Notes, the Company expects to enter into additional capped call transactions with the option counterparties. The capped call transactions are expected generally to reduce the potential dilution to the Company's common stock upon conversion of the Convertible Notes and/or offset any potential cash payments the Company is required to make in excess of the principal amount of the Convertible Notes, as the case may be, with such reduction and/or offset subject to a cap. In connection with establishing their initial hedges of the capped call transactions, the option counterparties or their respective affiliates expect to enter into various derivative transactions with respect to the Company's common stock and/or purchase shares of the Company's common stock concurrently with or shortly after the pricing of the Convertible Notes. This activity could increase (or reduce the size of any decrease in) the market price of the Company's common stock or the Convertible Notes at that time. In addition, the option counterparties or their respective affiliates may modify their hedge positions by entering into or unwinding various derivatives with respect to the Company's common stock and/or purchasing or selling the Company's common stock or other securities of the Company in secondary market transactions following the pricing of the Convertible Notes and prior to the maturity of the Convertible Notes (and are likely to do so during any observation period related to a conversion of the Convertible Notes or following any repurchase of the Convertible Notes by the Company to the extent the Company elects to unwind a corresponding portion of the capped call transactions in connection with such repurchase). This activity could also cause or avoid an increase or a decrease in the market price of the Company's common stock or the Convertible Notes, which could affect noteholders' ability to convert the Convertible Notes, and, to the extent the activity occurs during any observation period related to a conversion of the Convertible Notes, it could affect the amount and value of the consideration that noteholders will receive upon conversion of the Convertible Notes. The Company expects to use a portion of net proceeds of the offering to fund the cost of entering into the capped call transactions. The Company intends to use up to $200.0 million of the net proceeds to repurchase shares of its common stock from purchasers of the Convertible Notes concurrently with the pricing of the offering in privately negotiated transactions effected through one of the initial purchasers of the Convertible Notes or its affiliate, as the Company's agent. The Company intends to use the remainder of the net proceeds from the offering for general corporate purposes, including to fund working capital for growth and business expansion. If the initial purchasers exercise their option to purchase additional Convertible Notes, the Company intends to use a portion of the net proceeds from the sale of additional Convertible Notes to fund the cost of entering into additional capped call transactions. This press release is neither an offer to sell nor a solicitation of an offer to buy the Convertible Notes or the shares of the Company's common stock issuable upon conversion of the Convertible Notes, if any, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction. Any offer of these securities will be made only by means of a private offering memorandum. The offer and sale of the Convertible Notes and the shares of the Company's common stock issuable upon conversion of the Convertible Notes, if any, have not been registered under the Securities Act, or the securities laws of any other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Cautionary Statement Regarding Forward-Looking Statements This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, among other things, the anticipated terms of the Convertible Notes and capped call confirmations, statements regarding the intended use of the net proceeds from the offering and the potential impact of anticipated transactions by holders of the Convertible Notes and the option counterparties on the Company's securities. Forward-looking statements may be identified by the use of the words "may," "will," "expect," "intend" and other similar expressions. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. These forward-looking statements are based on management's current expectations and beliefs about future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. Among those risks and uncertainties include, but are not limited to, the risks related to whether the Company will consummate the offering and enter into the capped call transactions on the expected terms or at all, the anticipated effects of holders of the Convertible Notes or the option counterparties entering into or unwinding derivative transactions with respect to the Company's common stock and/or purchasing or selling the Company's common stock, market and general conditions, and risks relating to the Company's business, including those described in periodic reports that the Company files from time to time with the Securities and Exchange Commission. The forward-looking statements included in this press release speak only as of the date of this press release, and the Company does not undertake to update the statements included in this press release for subsequent developments, except as may be required by law. About Super Micro Computer, Inc. Supermicro (NASDAQ: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first-to-market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are a Total IT Solutions manufacturer with server, AI, storage, IoT, switch systems, software, and support services. Supermicro's motherboard, power, and chassis design expertise further enables our development and production, enabling next-generation innovation from cloud to edge for our global customers. Our products are designed and manufactured in-house (in the US, Taiwan, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power, and cooling solutions (air-conditioned, free air cooling or liquid cooling). Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc. All other brands, names, and trademarks are the property of their respective owners. View source version on Contacts Investor Relations Contact: Nicole NoutsiosStratos Advisorsemail: ir@ Erreur lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données
Yahoo
12 minutes ago
- Yahoo
SpaceX-Axiom rocket launch in Florida: Where to watch from Vero Beach, Fort Pierce, Port St. Lucie
A SpaceX rocket carrying astronauts could blast off from Florida's Space Coast this week. Can liftoff be seen from the Treasure Coast? If the conditions are right, yes! Axiom's fourth private astronaut mission to the International Space Station was originally aiming to launch in late May, but has been delayed several times. Its latest delay on Friday, June 13, was due to leaks on the ISS. As of Monday, June 23, a new launch time has been set for Wednesday, June 25. When it does launch, a SpaceX Dragon capsule with four astronauts in it will be carried by a Falcon 9 rocket from NASA's Kennedy Space Center. Though rockets here launch from NASA's Kennedy Space Center near Merritt Island, Florida, or Cape Canaveral Space Force Station, people on the Treasure Coast can often see this Florida phenomenon. Weather permitting and depending on cloud cover, a rocket launch from Florida's Space Coast could be visible as far north as Jacksonville Beach and Daytona Beach to as far south as Vero Beach and West Palm Beach. When there's a launch window in the middle of the night or very early morning, there's an opportunity for unique photos — the rocket lights up the dark sky and the contrail after makes for a great photo. Below is more information on rocket launches in Florida and suggestions on where to watch them from the Treasure Coast. Why is the ISS leaking? What to know after SpaceX Axiom's Florida launch delay For questions or comments, email FLORIDA TODAY Space Reporter Rick Neale at rneale@ or Space Reporter Brooke Edwards at bedwards@ For more space news from the USA TODAY Network, visit Mission: Axiom Space's fourth private astronaut mission to the International Space Station will launch aboard a SpaceX Falcon 9 rocket and Dragon spacecraft from NASA's Kennedy Space Center. Launch: 2:31 a.m. ET Wednesday, June 25, 2025 Launch location: Launch pad 39A at Kennedy Space Center in Florida Sonic booms for the Space Coast: Yes Trajectory: Northeast Live coverage starts two hours before liftoff at : You can watch live rocket launch coverage from USA TODAY Network's Space Team, which consists of FLORIDA TODAY space reporters Rick Neale and Brooke Edwards and visuals journalists Craig Bailey, Malcolm Denemark and Tim Shortt. Our Space Team will provide up-to-the-minute updates in a mobile-friendly live blog, complete with a countdown clock, at starting 90 minutes before liftoff. You can download the free FLORIDA TODAY app, which is available in the App Store or Google Play, or type into your browser. Dinner with a view: Treasure Coast restaurants with views of the ocean or river — and a rocket launch Sebastian Inlet State Park, 9700 S. State Road A1A, Melbourne Beach, Florida (cost to enter) Wabasso Beach Park, 1808 Wabasso Beach Road, Wabasso, Florida Ambersands Beach Park, 12566 N. SR A1A, Vero Beach, Florida (free parking) South Beach Park, 1700 Ocean Drive, Vero Beach, Florida (free parking) Merrill Barber Bridge in Vero Beach, Florida Alma Lee Loy Bridge in Vero Beach, Florida Fort Pierce Inlet State Park, 905 Shorewinds Drive, Fort Pierce, Florida Blind Creek Beachside North and South, 5460 S. Ocean Drive, Fort Pierce, Florida Blue Heron Beach, 2101 Blue Heron Blvd., Fort Pierce, Florida Frederick Douglass Memorial Park, 3600 S. Ocean Drive, Fort Pierce, Florida Dollman Park Beachside, 9200 S. Ocean Drive, Jensen Beach, Florida Herman's Bay Beach, 7880 S. Ocean Drive, Jensen Beach, Florida John Brooks Park Beachside, 3300 S. Ocean Drive, Fort Pierce, Florida Middle Cove Beach, 4600 S. Ocean Drive, Fort Pierce, Florida Normandy Beach in Jensen Beach, Florida Pepper Park Beachside, 3302 N. SR A1A, Fort Pierce, Florida Walton Rocks Beach, 6700 S. Ocean Drive, Jensen Beach, Florida (dog park) Waveland Beach, 10350 S. Ocean Drive, Jensen Beach, Florida State Road A1A causeway in Stuart, Florida House of Refuge and beach, 301 S.E. MacArthur Blvd., Stuart, Florida This article originally appeared on Treasure Coast Newspapers: SpaceX-Axiom rocket launch at NASA: Where to see it from Treasure Coast
Yahoo
12 minutes ago
- Yahoo
SpaceX-Axiom rocket launch could be visible in Jacksonville, Florida: Here's where to watch
A SpaceX rocket carrying astronauts could blast off from Florida's Space Coast this week. Can liftoff be seen in the Duval County area? If the conditions are right, yes! Axiom's fourth private astronaut mission to the International Space Station was originally aiming to launch in late May, but has been delayed several times. Its latest delay on June 13 was due to leaks on the ISS. As of Monday, June 23, a new launch time has been set for Wednesday, June 22. When it does launch, a SpaceX Dragon capsule with four astronauts in it will be carried by a Falcon 9 rocket from NASA's Kennedy Space Center. ➤ Business is booming: Florida's Space Coast is one of fastest-growing economies in U.S. Though rockets launch in Florida from NASA's Kennedy Space Center near Merritt Island, Florida, or Cape Canaveral Space Force Station, people from the First Coast can sometimes see this Florida phenomenon. Weather permitting and depending on cloud cover, a rocket launch from Florida's Space Coast could be visible as far north as Jacksonville Beach and Daytona Beach to as far south as Vero Beach and West Palm Beach. When there's a launch window in the middle of the night or very early morning, there's an opportunity for unique photos — the rocket lights up the dark sky and the contrail after makes for a great photo. Why is the ISS leaking? What to know after SpaceX Axiom's Florida launch delay Below is more information on rocket launches in Florida and suggestions on where to watch them from the First Coast. For questions or comments, email FLORIDA TODAY Space Reporter Rick Neale at rneale@ or Space Reporter Brooke Edwards at bedwards@ For more space news from the USA TODAY Network, visit Tom Cruise and untitled SpaceX project: 'Mission: Impossible' star who lives in Florida may shoot a film in outer space Mission: Axiom Space's fourth private astronaut mission to the International Space Station will launch aboard a SpaceX Falcon 9 rocket and Dragon spacecraft from NASA's Kennedy Space Center. Launch: 3:42 a.m. ET Wednesday, June 25, 2025 Launch location: Launch Pad 39A from Kennedy Space Center in Florida Sonic booms for the Space Coast of Florida: Yes Trajectory: Northeast Live coverage starts two hours minutes before liftoff at : You can watch live rocket launch coverage from USA TODAY Network's Space Team, which consists of FLORIDA TODAY space reporters Rick Neale and Brooke Edwards and visuals journalists Craig Bailey, Malcolm Denemark and Tim Shortt. Our Space Team will provide up-to-the-minute updates in a mobile-friendly live blog, complete with a countdown clock, at starting two hours before liftoff. You can download the free FLORIDA TODAY app, which is available in the App Store or Google Play, or type into your browser. Shown is the National Weather Service-Melbourne radar, which shows conditions in real-time for the Space Coast, Brevard County, Orlando and other parts of Florida. The current date and time show up on the bottom right of this radar embed; otherwise, you may need to clear your cache. Depending on trajectory, weather and cloud cover, there have been sightings of a SpaceX Falcon 9 or United Launch Alliance Delta Heavy rocket launch over the skies of Jacksonville, Florida, which is north of Cape Canaveral Space Force Station and NASA's Kennedy Space Center. Where to see a rocket launch in Jacksonville, Florida, area: Jacksonville Beach, Florida Neptune Beach, Florida Atlantic Beach and West Atlantic Beach, Florida Mayport, Florida Ponte Vedra Beach, Florida, which touches south Jacksonville Beach St. Augustine, Florida, which is less than an hour away This article originally appeared on Florida Times-Union: Florida rocket launch: What time to see liftoff in Jacksonville sky
